As domestic sugar demand hits a record 2 million metric tons mark, sugar investors are increasingly paying closer attention to local sugarcane farmers, who are the critical part of the value chain. Sugar makers now equip the farmers with technical support and inputs that will enable them meet ever-g...

Stagnant demand amidst higher supplies forced almost all domestic steel producers to prune prices for the first time in the current fiscal ranging from Rs 500-750 a tonne providing some relief to end-use sectors. "We have lowered the price by Rs 500-750 a tonne for the current month. Following this,...

Gold futures fell to the lowest since January Silver futures for delivery in December dropped 2.9 percent Crude slid the most in 22 months Futures slumped 3.6 percent Gold futures fell to the lowest since January as the outlook for higher U.S. interest rates and a stronger dollar cut demand for pre...

Palm oil prices will decline as the world’s most-used edible oil is no longer competitive against alternatives even after dropping to the lowest level since 2009, according to Dorab Mistry, director at Godrej International Ltd. Futures retreated. “Palm desperately needs to regain its competitiveness...

Japan's Ministry of Agriculture said it would import 93,000 tons of feed-quality barley for livestock use via a simultaneous buy-and-sell (SBS) auction that closed late on Wednesday. The ministry sought 120,000 tons of feed wheat and 200,000 tons of feed barley to be loaded by Dec. 31 and for arriva...

Gold futures for December delivery added 0.3 percent Crude oil move up above 91.5$ Nickel rose for the first time in a week Copper for delivery in three months slid less than 0.1 percent Lead, tin and zinc advanced on the LME, while aluminum fell. Gold advanced from an eight-month low after airstri...

Crude oil futures fell by 0.52% to Rs 5,582 per barrel today as speculators trimmed positions amid a weak trend in Asian trade. At the Multi Commodity Exchange, crude oil for delivery in October fell by Rs 29, or 0.52%, to Rs 5,582 per barrel in 514 lots. Besides, oil for November delivery moved dow...

Gold futures dropped to an eight-month low Silver futures for delivery in December rose less than 0.1 percent Copper futures for December delivery gained 0.5 percent Zinc, lead and tin also rose, while aluminum and nickel dropped. Crude oil recovers from an eight-month low Gold futures dropped to a...

Gold futures for December delivery fell 0.3 percent Silver futures for December delivery rose less than 0.1 percent Crude inventories fell 972,000 barrels to 358.6 million last week Crude oil fell to an eight-month low Gold fell to a three-month low on signs of calming tensions in Eastern Europe, d...

Gold was steady near $1,255 an ounce on Wednesday, holding close to a three-month low, as speculation over an early U.S. interest rate hike strengthened the dollar and dulled bullion’s appeal. Spot gold was little changed at $1,256.49 an ounce by 0338 GMT. It fell to $1,247.15 on Tuesday, its lowest...

Gold futures for December delivery fell 1 percent Silver futures for December delivery dropped 1 percent Crude rose for the first time in four days Copper for delivery in three months climbed 0.2 percent Gold and silver futures fell as the dollar’s rally to a 13-month high damped demand for the pre...

Gold prices were up by 0.27 per cent to Rs 27,614 per 10 gram in futures trade as speculators enlarged positions amid a firming global trend. At the Multi Commodity Exchange, gold for delivery in December moved up by Rs 73, or 0.27 per cent, to Rs 27,614 per 10 gram in a business turnover of 43 lots.

Gold was little changed at $1,287.19 an ounce Silver was 0.1 percent higher at $19.485 an ounce. Crude for October delivery fell 18 cents Gold was little changed at $1,287.19 an ounce in London. It reached a one-week high of $1,296.61 on Aug. 28, rebounding from a two-month low of $1,273.14 set Aug...

Chana prices fell marginally to Rs 2,849 per quintal in futures trade on increased supllies from producing regions in the spot markets. At the National Commodity and Derivative Exchange, chana for delivery in September traded lower by Rs 7, or 0.25% to Rs 2,849 per quintal with an open interest of 1...

Tracking a weak global trend, copper prices eased 0.55 per cent to Rs 427.70 per kg in futures trade today as speculators trimmed their positions. At the Multi Commodity Exchange, copper for delivery in August fell Rs 2.35, or 0.55 per cent, to Rs 427.70 per kg in business turnover of 819 lots. Nove...

Gold futures for December delivery rose 0.4 percent Copper capped its first weekly advance in a month Silver futures for December delivery slid 0.1 percent Aluminum and lead rose in London. Zinc, tin and nickel fell. Gold rose for the first time in more than a week after Federal Reserve Chair Janet...

Crude palm oil marginally up by 0.42% to Rs 473.30 per 10 kg in futures trade today as participants enlarged positions, taking positive cues from the spot markets. On the Multi Commodity Exchange, crude palm oil for delivery in September moved up by Rs 2, or 0.42%, to Rs 473.30 per 10 kg in business...

Gold moved higher in the initial part of the week and closed lower on Friday as news of the EU reviewing the sanctions on Russia began to surface. At $1,304.7 per troy ounce, gold was down 0.3 per cent for the week. It was trading at $1,319.3/ounce on Thursday. The number of people filing for jobles...

Gold held on to small overnight gains on Thursday, as sluggish U.S. retail sales data boosted the metal’s safe-haven appeal, although higher stock markets could keep any gains in check. FUNDAMENTAL Spot gold was steady at $1,311.16 an ounce by 0025 GMT, after gaining 0.3 percent in the previous sess...

Gold futures advanced to a two-week high Silver futures for September delivery fell 0.2 percent Nickel posted the biggest two-day gain in five weeks Copper rose 0.4 percent to $6,999 a ton Aluminum, lead and tin also advanced in London, while zinc fell. Gold futures advanced to a two-week high as a ...

Copper prices slipped on Tuesday, under pressure from data showing growth in China's services sector slowed to its lowest level in nearly nine years, raising concerns about the demand outlook from the world's top metals consumer. Three-month copper on the London Metal Exchange (LME) ended at $7,055 ...

Gold futures fell for the fourth time Silver futures for September delivery dropped 0.7 percent Crude traded near the highest price in three days Gold futures fell for the fourth time in five sessions as a U.S. equity rally reduces demand for the precious metal as an alternative investment. Gold fel...

Benefits Processing of oil palm is a viable investment because raw materials can be sourced at ease, the production technology is simple and feasible, and the market for end-products are automatic. Establishment of the plant will have a direct impact on the development of the rural sector. This can...

Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, while a supply glut has built up in Africa and Europe. Brent crude ...

Natural gas, which has gained significant speculative attention six months ago on the Multi Commodities Exchange (MCX), has now lost the luster with sharp fall in prices. On New York Mercantile Exchange, which was around $6.15 a mBtu as on February 19, 2014, dropped sharply to current level of $3.73...

Cardamom prices rose 1.06 per cent to Rs 895 per kg in futures trade today as traders enlarged commitments, supported by a pick-up in export and domestic demand. At the Multi Commodity Exchange, cardamom for delivery in September rose by Rs 9.40, or 1.06 per cent, to Rs 895 per kg, with a business t...

Tokyo rubber futures ended higher on Monday on the back of the easing Japanese yen, but weaker oil prices and rising rubber stocks in China weighed on the market, dealers said. The Tokyo Commodity Exchange rubber contract for January delivery rose 0.5 yen to settle at 206.5 yen ($2.03) per kg. "Inve...

Gold headed for its second straight weekly decline Silver for immediate delivery declined as much as 0.3 percent Copper dropped for the first time this week Aluminum and lead climbed; while nickel fell an zinc was changed. Gold headed for its second straight weekly decline as the outlook for improvi...

Gold fell to the lowest level in a week Crude oil swung between gains and losses Silver for immediate delivery traded at $20.7980 Gold fell to the lowest level in a week as a rally in equities damped demand for an alternative investment amid concern that physical consumption is faltering. West Texas...

ax and regulatory restrictions on gold imports have adversely affected exports of jewellery and other finished products, rendering thousands jobless in the labour-intensive sector. The recent decision by the Reserve Bank Of India (RBI) to allow more entities to import gold has somewhat eased supplie...

Gold futures rose for the third time in four sessions Silver futures for September delivery rose 0.6 percent Crude traded near the highest price in three weeks Aluminum traded near the highest in 16 months Gold futures rose for the third time in four sessions as mounting tension over Ukraine boosted...

Gold futures fell for the first time in three days Dollar reached a four-week high Crude fell amid speculation that the biggest weekly gain in more than a month Silver futures for September delivery fell 1.2 percent Copper retreated 1 percent to the lowest in more than two weeks Gold futures fell fo...

Mentha oil prices rose 1.16% to Rs 723.70 per kg in futures trade today after speculators enlarged positions, supported by pick up in demand from consuming industries in the spot market. Besides, restricted arrivals from producing regions further fuelled the uptrend. At the Multi Commodity Exchange,...

After declining for seven months in a row, gold imports grew by 65.13 per cent to USD 3.12 billion in June. Imports of gold in June 2013 were USD 1.88 billion. The high imports have marginally pushed up the country's trade deficit to USD 11.76 billion in June from USD 11.28 billion in the same month...